G.CHAPE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
G.CHAPE
Largest movements
- Intangible fixed assets -€8,403
down €8,403 (-42.8%), from €19,625 to €11,222
- Cash -€4,006
down €4,006 (-28.2%), from €14,216 to €10,210
mainly Net result for the year (-€7,929) and Debts after one year (-€6,359)
- Receivables within one year +€3,526
up €3,526 (+62.4%), from €5,648 to €9,174
of which Trade receivables: +€3,088
- Tangible fixed assets -€3,271
down €3,271 (-75.0%), from €4,362 to €1,092
of which Furniture and vehicles: -€3,008
- Deferred charges and accrued income -€760
down €760 (-39.4%), from €1,927 to €1,167
- Profit (loss) carried forward -€7,929
down €7,929, from €228 to -€7,701
- Debts after one year -€6,359
down €6,359 (-50.0%), from €12,718 to €6,359
- Tax, wage and social debts +€1,495
up €1,495 (+53.5%), from €2,795 to €4,290
of which Remuneration and social security: +€3,400
- Other debts -€676
down €676 (-3.1%), from €21,597 to €20,921
- Gross operating margin -€17,839
down €17,839 (-73.6%), from €24,237 to €6,398
- Depreciation -€857
down €857 (-6.8%), from €12,531 to €11,674
- Financial charges -€260
down €260 (-21.3%), from €1,220 to €960
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,358 | €33,164 | -€13,194 | -28.5% |
| Fixed assets | 21/28 | €23,987 | €12,314 | -€11,674 | -48.7% |
| Intangible fixed assets | 21 | €19,625 | €11,222 | -€8,403 | -42.8% |
| Tangible fixed assets | 22/27 | €4,362 | €1,092 | -€3,271 | -75.0% |
| Plant, machinery and equipment | 23 | €351 | €88 | -€263 | -74.9% |
| Furniture and vehicles | 24 | €4,012 | €1,004 | -€3,008 | -75.0% |
| Current assets | 29/58 | €22,370 | €20,850 | -€1,520 | -6.8% |
| Stocks and contracts in progress | 3 | €580 | €300 | -€280 | -48.3% |
| Stocks | 30/36 | €580 | €300 | -€280 | -48.3% |
| Amounts receivable within one year | 40/41 | €5,648 | €9,174 | +€3,526 | +62.4% |
| Trade receivables | 40 | €5,648 | €8,735 | +€3,088 | +54.7% |
| Other amounts receivable | 41 | - | €438 | +€438 | |
| Cash at bank and in hand | 54/58 | €14,216 | €10,210 | -€4,006 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,927 | €1,167 | -€760 | -39.4% |
| Total equity and liabilities | 10/49 | €46,358 | €33,164 | -€13,194 | -28.5% |
| Equity | 10/15 | €1,228 | -€6,701 | -€7,929 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228 | -€7,701 | -€7,929 | |
| Amounts payable | 17/49 | €45,130 | €39,865 | -€5,265 | -11.7% |
| Amounts payable after more than one year | 17 | €12,718 | €6,359 | -€6,359 | -50.0% |
| Financial debts | 170/4 | €12,718 | €6,359 | -€6,359 | -50.0% |
| Amounts payable within one year | 42/48 | €32,412 | €33,506 | +€1,095 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €6,359 | €6,359 | = | 0.0% |
| Trade debts | 44 | €1,661 | €1,936 | +€275 | +16.6% |
| Suppliers | 440/4 | €1,661 | €1,936 | +€275 | +16.6% |
| Taxes, remuneration and social security | 45 | €2,795 | €4,290 | +€1,495 | +53.5% |
| Taxes | 450/3 | €2,095 | €190 | -€1,905 | -90.9% |
| Remuneration and social security | 454/9 | €700 | €4,100 | +€3,400 | +486% |
| Other amounts payable | 47/48 | €21,597 | €20,921 | -€676 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,531 | €11,674 | -€857 | -6.8% |
| Other operating charges | 640/8 | - | €130 | +€130 | |
| Non-recurring operating charges | 66A | - | €1,563 | +€1,563 | |
| Gross operating margin | 9900 | €24,237 | €6,398 | -€17,839 | -73.6% |
| Operating profit (loss) | 9901 | €11,706 | -€6,969 | -€18,675 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -91.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -91.7% |
| Financial charges | 65/66B | €1,220 | €960 | -€260 | -21.3% |
| Recurring financial charges | 65 | €1,220 | €960 | -€260 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €10,487 | -€7,929 | -€18,416 | |
| Profit (loss) for the period | 9904 | €10,487 | -€7,929 | -€18,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,487 | -€7,929 | -€18,416 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.